FIS have released major updates to the Prophet solution suite
- Addition to Prophet Enterprise for greater scalability and speed of results output
- Use of distributed database technology
- Future releases will allow for custom results indices e.g. IFRS 17 contract groups and per policy projection output.
Advanced Vector Extensions (AVX)
- Addition to Prophet Enterprise to take advantage of AVX capabilities on existing hardware
- Makes use of Prophet’s Modules feature and it’s new looping functionality
- Allows models to be built in such a way to allow for vectorisation of calculations, which can substantially improve runtime.
- New licensable PEG Admin API for use with the Prophet Grid Administrator
- Configurable split by model point batch size
- Performance enhancements to Assumptions Manager
- Licensing improvements
- Other minor enhancements and fixes.